Wednesday, January 8, 2014

Strong demand for Ireland’s post bailout bond issue

Irish 10-year government bond yields fell sharply on Tuesday as a bond sale via syndication drew strong demand, traders said. Indications of interest for Ireland's new 10-year bond - its first sale since it exited its EU/IMF bailout - exceeded 9 billion euros...
according to a market source quoted by IFR.
"The book is over 9 billion euros, which is very big," one trader said.
Ten-year yields fell 9 basis points to 3.275 percent, their lowest since at least 2009, according to Reuters data.


Source:http://www.brecorder.com/business-a-finance/managed-funds/151956-irish-yields-fall-sharply-as-bond-sale-draws-strong-demand.html

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